31
Oct
15:13
Russian billet exporters attempt increases as rouble strengthens
Some Russian billet producers are raising their billet prices in response to the strengthening of the rouble against the dollar. Export demand remains weak, with foreign customers showing low interest to buying, market participants inform Kallanish.
The exchange rate was RUB 93.08 to dollar on Tuesday compared with RUB 94.03 a week earlier.
The rouble’s strengthening resulted from the interest rate increase on Friday, when Russia’s central bank r…
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Anonymous
Very good overview of the weekly steel market.
Anonymous